For many emerging economies, it is imperative to pursue a rebalancing of growth patterns, with a more active approach to managing debt and capital flows and their effects on asset prices, exchange rates, and growth. Otherwise, the dangers of unsustainable growth patterns will bring ...

The U.N. is right to underscore the benefits of broad-based international cooperation on migration, but to be politically acceptable in virtually any country, such cooperation must respect national sovereignty.

Multilateralism is giving way to national self-interest. As inequality across countries has declined, inequality within countries has surged — to the point that the reversal of priorities was probably inevitable.